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5708 Ocean Front Avenue

5708 Ocean Front Avenue, Virginia Beach, VA 23451
Sold Jul 09, 2015
$475,000
$450,000 by Private
Mortgage
5708 Ocean Front Avenue in Virginia Beach, VA was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 3 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5708 Ocean Front Avenue has 2,330 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. There is a open porch. The home has a flat style roof made of wood shake/ shingles. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 364 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5708 Ocean Front Avenue was last sold in Jun 30, 2015 for $475,000. According to our calculations, that's $203.86 per sqft. Current property owners are expected to pay $13,141 in taxes per year. The property on 5708 Ocean Front Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,327,400. To break that down further, the land itself was valued at $1,072,700. While improvements to the property were assessed at a total of $254,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 3
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH END
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 58TH & OCEANFRONT S CONDOMINIUM UNIT 2

Ownership

  • Current Owner : NELSON JAMES F
  • Previous Owner : YOUNG DALE C
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 26, 2023

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 043600

Zoning

  • Zoning: 19

Geography

  • Assessors Map Reference: PM L042
  • Parcel: 24198132780001
  • Municipality: LYNNHAVEN
  • Latitude: 36.8845
  • Longitude: -75.9849

    Address

  • Full Address: 5708 Ocean Front Ave
  • Address - House Number: 5708
  • Address - Street Name: Ocean Front
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C028
  • 4-Digit Zip Code: 2253
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,141
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 80
  • Final Value: 801,862
  • High Value: 928,821
  • Low Value: 674,903

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: PRIVATE
  • First Open Lien Mortgage Recording Date: Jul 09, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,327,400
  • Market Land Value: $1,072,700
  • Market Improvement Value: $254,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,327,400
  • Assessed Land Value: $1,072,700
  • Assessed Improvements Value: $254,700

    Sales

  • Current Sale Contract Date: Jun 30, 2015
  • Current Sale Recording Date: Jul 09, 2015
  • Current Sale Transaction ID: 1222268626
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 5708 Ocean Front Avenue located in?
The 5708 Ocean Front Avenue is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 5708 Ocean Front Avenue?
The average sales price for units in 5708 Ocean Front Avenue is $0 currently.

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